CRA Tax Consequences: Late Filing Penalties

The Canada Revenue Agency timeline requirements which all taxpayers must abide by are well known. As a Canadian, you are required to file your income taxes by a certain date each year, and failing to file on time can result in penalties and...

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Tax Return Going to Result in Tax Debt? What Can You Do If You Can’t Pay

The tax deadline is upon us, and for many this means a necessary hassle we must face annually – but once dealt with, is quickly relegated to the back of our minds until this time next year. For others however, those with a tax debt looming...

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